As you probably know, the OECD Code of Liberalisation of Capital Movements is the sole multilateral agreement among state parties, signed by 34 OECD and 12 G20 members, aimed at ensuring openness, accountability and transparency in cross-border capital flow policies.
Investments are a precondition of future sustainable growth. However, investments are not just about competitiveness, but about maintaining our quality of life. As Germany currently shows, good economic numbers are a necessary, but far from sufficient, precondition of strong investment activity. On the one hand, we expect economic output to rise by an annual average of 1.8% in real terms in both 2015 and 2016.
We, in the OECD, share the conviction that investment is one of the key cylinders of the global economy – but it needs new fuel and probably another kick-start to function again properly, in order to support a stronger and more inclusive recovery in Europe and on a global scale.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Germany.
To mark International Anti-Corruption Day (9 December 2010), German Minister of Economic Cooperation and Development Hans-Jürgen Beerfeltz participated in a special anti-corruption event in Bonn.